Dow Jones (DJIA) Today: Cisco Systems (CSCO) Lower

Holding back the Dow today is Cisco Systems (Nasdaq:CSCO), which is lagging the broader Dow index with a 64-cent decline (-2.1%) bringing the stock to $29.55.

By Naomi Hossain , Mar 3, 2015 2:00 PM EST

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link

The

Dow Jones Industrial Average

(

^DJI

) is trading down 98.0 points (-0.5%) at 18,190 as of Tuesday, Mar 3, 2015, 1:36 p.m. ET. During this time, 177.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 372.1 million. The NYSE advances/declines ratio sits at 1,114 issues advancing vs. 1,916 declining with 150 unchanged.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Holding back the Dow today is

Cisco Systems

(Nasdaq:

CSCO

), which is lagging the broader Dow index with a 64-cent decline (-2.1%) bringing the stock to $29.55. This single loss is lowering the Dow Jones Industrial Average by 4.84 points or roughly accounting for 4.9% of the Dow's overall loss. Volume for Cisco Systems currently sits at 18.6 million shares traded vs. an average daily trading volume of 30.3 million shares.

Cisco Systems has a market cap of $150.64 billion and is part of the technology sector and computer hardware industry. Shares are up 8.5% year-to-date as of Monday's close. The stock's dividend yield sits at 2.9%.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.

TheStreet Ratings rates Cisco Systems as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.